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Merlin Properties (Redditch) Ltd

12318718

active
Private Limited Company
Companies House
Health Score
76 / 100

Some Concerns

30/30
Filing
10/30
Financial
36/40
Risk
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

UNIT 9 LITTLE FORGE ROAD, REDDITCH, B98 7SF
Incorporated 18/11/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

64209
Activities of other holding companies

Officers

Mr Ronald James Harris

director · Since 18/11/2019

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 79

Also on 3 other boards

Persons with Significant Control

Mr Ronald James Harris

50–75% shares
50–75% votes
Appoint directors

British · England · Age 79

Unit 11 & 12 Walkers Road, Moon Moat North, Redditch, B98 9HE

Notified 18/11/2019

Mrs Ann Elizabeth Harris

25–50% shares
25–50% votes

British · England · Age 74

Unit 11 & 12 Walkers Road, Moon Moat North, Redditch, B98 9HE

Notified 18/11/2019

Charges2 outstanding

Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 09/10/2023Registered 09/10/2023
Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 15/04/2020Registered 28/04/2020

CompanyRankvs 20727+ SIC 64209 peers
42

Financial strength77th percentile among SIC peers · 19/25
Employees59th percentile among SIC peers · 9/15
LiquidityCurrent ratio 0.23× · 2/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength19/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees9/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity2/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity7/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Risk deductions

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/12/2025

Net Worth

£268k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£66k

Working capital

Current Assets

£20k

Current Liabilities

£86k

Fixed Assets

£409k

1avg. employees-1

Balance Sheet

Assets less current liabilities£343k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20250.23+£70k
2024+£115k
2023+£49k
2022+£111
2021+£36k

Derived from filed accounts. Not audited figures.